Debt spikes as property investors rush to beat new rules
Although it's not a return to the 10-16% annual increases of 2003-06, the biggest monthly increase in borrowing for eight years is still a concern.
Rob Hosking talks about the latest private dept figures on NBR Radio, and on demand on MyNBR
Rob Hosking
Wed, 01 Jul 2015
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Borrowing is on the climb.
Private debt figures compiled by the Reserve Bank show borrowing for housing rose more than $1.5 billion in the most
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Rob Hosking
Wed, 01 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.